Sec. 811. **[**[12 U.S.C. 1748h–3](/us/usc/t12/s1748h–3)**]**
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## Sec. 811 **[**[12 U.S.C. 1748h–3](/us/usc/t12/s1748h–3)**]** ###
(a)The Secretary is authorized to make payments in lieu of taxes on any real property to which title has been or is hereafter acquired by him in fee under section 803 as effective prior to August 11, 1955, and on which taxes or payments in lieu of such taxes were payable or paid prior to acquisition by the Secretary. Such payments may be made in connection with tax years occurring prior to or subsequent to the date of the enactment of this section. The amount of any such payments shall not exceed taxes on similar property and shall not include interest or penalties. If the Secretary has acquired or hereafter acquires title in fee to real property by foreclosure or by transfer from some other department or agency of the Government or otherwise during a tax year, he may make a payment in lieu of taxes prorated for that portion of the year remaining after his acquisition of title. This subsection shall not authorize any lien against property held by the Secretary, nor the payment of any tax, nor any payment in lieu of any tax, on any interest of the Secretary as lessee or mortgagee. ###
(b)Nothing in this title shall be construed to exempt any real property which has been or is hereafter acquired and held by the Secretary under section 809 or 810 from taxation by any State or political subdivision thereof, to the same extent, according to its value, as other real property is taxed. # TITLE IX NATIONAL DEFENSE HOUSING INSURANCE **[**Note.—Title IX of the National Housing Act provides a new mortgage insurance program designed to encourage the production of housing in critical defense housing areas.**]** **[**TITLE X—MORTGAGE INSURANCE FOR LAND DEVELOPMENT **[**Note.—Title X of the National Housing Act provided a mortgage insurance program designed to encourage purchase of raw acreage and development of improved buildings and related sites in an orderly and economical manner. Title X was repealed by section 133(a) of Public Law 101–235.144**]** 144Subsections
(b)and
(c)of section 133 of the Department of Housing and Urban Development Reform Act of 1989, Pub. L. 101–235, approved December 15, 1989, 12 U.S.C. 1749aa note, provide as follows: ``(b) Applicability.—On or after the date of enactment of this Act, no mortgage may be insured under title X, as such title existed immediately before such date, except pursuant to a commitment to insure made before such date. ``(c) Savings Provision.—Any contract of insurance entered into under title X before the date of enactment of this Act shall be governed by the provisions of such title as such title existed immediately before such date.''.**]** # TITLE XI MORTGAGE INSURANCE FOR GROUP PRACTICE FACILITIES
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3 references not yet in our index
- 12 USC 1748h–3
- Pub. L. 101-235
- 12 USC 1749aa
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Sec. 811
**[**[12 U.S.C. 1748h–3](/us/usc/t12/s1748h–3)**]**
Cite12 USC 1748h–3
Pub. L.Pub. L. 101-235
Cite12 USC 1749aa
Cites 3Cited by 0 across 0 sources